SPDR NYSE Technology ETF $XNTK Stock Holdings Decreased by Cavalier Investments LLC

Cavalier Investments LLC lowered its stake in SPDR NYSE Technology ETF (NYSEARCA:XNTK) by 1.0% in the 2nd quarter, according to its most recent filing with the SEC. The fund owned 13,110 shares of the company’s stock after selling 138 shares during the period. SPDR NYSE Technology ETF accounts for approximately 0.9% of Cavalier Investments LLC’s holdings, making the stock its 27th biggest holding. Cavalier Investments LLC owned 0.26% of SPDR NYSE Technology ETF worth $3,111,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors also recently modified their holdings of XNTK. Financial Gravity Asset Management Inc. acquired a new position in shares of SPDR NYSE Technology ETF in the 1st quarter valued at about $28,000. Thurston Springer Miller Herd & Titak Inc. boosted its holdings in shares of SPDR NYSE Technology ETF by 1,050.0% in the 2nd quarter. Thurston Springer Miller Herd & Titak Inc. now owns 138 shares of the company’s stock valued at $33,000 after buying an additional 126 shares during the period. Beacon Financial Advisory LLC acquired a new position in shares of SPDR NYSE Technology ETF in the 2nd quarter valued at about $202,000. Western Wealth Management LLC acquired a new position in shares of SPDR NYSE Technology ETF in the 1st quarter valued at about $203,000. Finally, Detalus Advisors LLC acquired a new position in shares of SPDR NYSE Technology ETF in the 2nd quarter valued at about $231,000.

SPDR NYSE Technology ETF Stock Performance

NYSEARCA XNTK opened at $280.81 on Wednesday. SPDR NYSE Technology ETF has a one year low of $159.43 and a one year high of $284.65. The company has a 50-day simple moving average of $260.53 and a 200-day simple moving average of $232.69. The firm has a market capitalization of $1.43 billion, a PE ratio of 31.16 and a beta of 1.23.

About SPDR NYSE Technology ETF

SPDR Morgan Stanley Technology ETF (the Fund) seeks to closely match the returns and characteristics of the Morgan Stanley Technology Index. The Morgan Stanley Technology Index is composed purely of electronics-based technology companies. The Technology Index comprises companies drawn from the following technology sub-sectors: computer services; design software; server software, personal computer (PC) software and new media; networking and telecom equipment; server hardware, PC hardware and peripherals; specialized systems, and semiconductors.